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Refinance Analyzer

Use the Refinance Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$111,495

Cash Out Proceeds

$-2,110

Annual Net Cash Flow

$1,825

New Loan Payment

0.9

Debt Service Coverage

Refinance Cost
New Loan Amount
$267,450
Current Loan Payoff
$142,600
Loan Points
$5,349
Loan Closing Costs
$8,006
Total Refinance Cost
$155,955
Total Cash Out Proceeds
$111,495

Loan Terms
New Loan Amount
$267,450
Monthly Loan Payment
$1,825
Interest Rate
7.25%
Property Net Cash Flow
$19,784
Annual Loan Payment
$21,894
Debt Coverage Ratio
0.9

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$1,872
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Escrow/Settlement Fee
HOA Report/Estoppel/Unpaid Dues
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance Premium
(Months)
$1,569
Misc.
Total Loan Closing
$8,006

Rental Income
Monthly Market Rent
$2,200
Potential Gross Rent
$26,400
Vacancy Factor
%
$1,320
Effective Gross Rent
$25,080
Property Taxes
%
$3,227
Hazard Insurance
%
$1,569
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$5,296
Net Operating Income
$19,784
Annual Loan Payment
$21,894
Net Cash Flow After Debt Service
$-2,110
Debt Coverage Ratio
0.9
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.